Information on restructuring proceedings

02 October 2024

The management board of Energomontaż-Północ Gdynia S.A., taking into account the need to modernize the organizational and financial structure, decided to initiate restructuring proceedings – proceedings for the approval of the arrangement. The announcement on setting the arrangement date was published on February 23, 2023 in the National Register of Debtors under number 20230223/00395. The arrangement date was set for February 23, 2023. The function of the arrangement supervisor in the proceedings is performed byZimmerman Filipiak Restrukturyzacji S.A.

The company will soon start talks with creditors. The primary goal of the Company is to avoid declaring bankruptcy by restructuring liabilities by concluding an arrangement with creditors. Thanks to the initiation of restructuring proceedings, continuity of contract execution and sales will be maintained. Our contractors have constant and free access to the full offer, and can freely exercise all rights related to the services provided by the Company. As part of the proceedings, the Company will pursue a conservative liquidity policy – all current payments will be settled on an ongoing basis.

The Management Board is determined to maintain the Company’s operations and emphasizes that using restructuring proceedings is the right process leading to the recovery of the company.

Information about the proceedings will also be published on the website of the System Supervisor: https ://zimmermanfilipiak.pl/postepowania/energomonta%C5%BC-p%C3%B3%C5%82noc-gdynia-s.a.html

Please send any questions to:epg@epgsa.com